The Retirement Income Paradox

In a survey of advisors on the topic of retirement income, GDC Research and Practical Perspectives found the firm that certain "contradictions" are making it hard for firms to take advantage of the seemingly vast Boomer retirement opportunity.

Tontine Savings Accounts

'While mimicking the high payouts of an actuarially fair variable life annuity, TSAs would cost significantly less than commercial life annuities,' write Forman and Fullmer.

Better than Throwing Darts

'We have all these insurance agents selling billions of dollars of fixed indexed annuities. But they have few clues about how the crediting rates have performed,'' says Kent Jacquay. With his Indexalyzer software, he proposes a solution.

A New Kind of Income Annuity

Achaean Financial and Ash Brokerage, a large Fort Wayne, Ind., BGA, are partnering on a potential retirement game-changer: Achaean's immediate indexed income annuity, couched in Ash's JourneyGuide planning software. The underwriter has yet to be named.
Featured

Poor Standards at S&P, U.S. Alleges

The ratings agency that downgraded the federal government's debt in 2011 now finds itself accused of fraud by that same government's attorney general. The credibility of life insurer strength ratings is just one of the issues at stake.
News

Well-known CFP bases new venture on mining old VAs

New Jersey advisor Mark Cortazzo has started a new service, Annuity Review, to make sure individuals and their advisors understand the value hidden in the variable annuities they already own.

The Bucket

Brief or late-breaking items from Putnam Investments, Pershing LLC, DST Systems, Inc., Vanguard, Groom Law Group and LIMRA.

The Missing Document

As he got older, my father never wanted to share his financial secrets with me, my brother or my sister. When he died a few weeks ago, we got our first peek into the filing cabinet that contained his will and other paperwork.